Workers' Compensation News

The Alliance of American Insurers is strongly protesting California's decision to treat workers compensation policy deductibles as premium and charge state tax on deductibles paid since 1997.
'Just because a quirk in California law requires insurers to pay workers compensation benefits in t...Read More

The California workers compensation reform bill that was signed into law (AB 749) last week by Gov. Gray Davis (D) makes significant strides toward improving the safety of the state's workers, according to a leading insurance industry trade group.
'Enacting AB 749 makes California the first stat...Read More

An Alaska measure allowing quicker workers' compensation hearings in some cases passed the state House on Wednesday. The bill, sponsored by Rep. John Coghill, R-North Pole, would allow the Alaska Workers' Compensation Board to expedite hearings on a disputed claim if a delay could result in physi...Read More

On Friday, 2/15/02, the office of the Administrative Director of the CA DWC announced the release of modifications to the proposed text of the Official Medical Fee Schedule (OMFS) and the Medical Legal Fee Schedule (MLFS), including Regulation section 9791.1. A 15-day public comment period w...Read More

AB 749 was signed into law by CA Governor Gray Davis. His press release follows:
'Workers injured on the job deserve fair compensation,' Governor Davis said. 'Employers who create jobs deserve to be free of unreasonable burdens. For too long, this has been an either / or proposition. I believed ...Read More

Sources who spoke on condition of anonymity have advised workcompcentral.com that Davis Administration officials and DWC officials are meeting with the Governor today to present financial estimates on the impact of AB 749, and that the Governor is expected to sign the benefits reform package into la...Read More

ACE Limited (NYSE:ACE) reported income excluding net realized gains (losses) of $41.9 million for the quarter ended December 31, 2001 compared with $164.3 million for the same quarter in 2000 and earnings per share excluding net realized gains (losses), after deducting preferred dividends, of $0.14 ...Read More

Today's Round Up

02/22/2018 |
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Federal inspectors are proposing penalties of $195,144 against an Alabama plastics manufacturer for safety violations they say they discovered after the death of an employee who was pulled into a plastics recycling machine.
The Occupational Safety and Health Administration cited ABC Polymer Industries LLC in Helena for one willful violation: failing to provide a machine guard to protect employees from caught-in amputation hazards.
OSHA also issued citations for repeat, serious and other-than-serious violations, including failing to evaluate all powered industrial trucks every three year...
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02/21/2018 |
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60 min read

Ohio prosecutors on Friday unveiled a 272-count indictment against a physician who is accused of running a pill mill out of his office in Jackson Township that overprescribed medications to the point that two patients died of overdoses.
Dr. Frank D. Lazzerini
(Stark County Jail)
The Stark County grand jury charges Dr. Frank D. Lazzerini with two counts of involuntary manslaughter and with trafficking opioids, sedatives, anti-anxiety pills and stimulants, CantonRep.com reported.
Stark County sheriff’s deputies raided Lazzerini’s office two years ago and arrested him at his...
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02/21/2018 |
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18 min read

Texas Mutual Insurance Co. announced Tuesday that it has hired Benjamin A. Siddons as vice president of business development.
Siddons joins Texas Mutual with more than 15 years of experience in the insurance industry, seven of those in the workers’ compensation field, the carrier said. He will be responsible for developing and implementing sales strategies to increase revenue and profits.
Siddons most recently served as president of Redpoint Workers’ Comp (previously Texas Builders Insurance Co. and Hallmark Workers’ Comp), where he oversaw underwriting, marketing and ...
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02/21/2018 |
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26 min read

The Hartford announced a deal to acquire California-based Farmers Exchanges’ small commercial business sold through independent agents.
Hartford said it entered a renewal rights agreement to acquire Foremost Insurance Co. The small commercial independent agent book of business sold through more than 5,000 agents and brokers throughout the country had about $200 million in annual premium as of Dec. 31, 2017, according to a statement the Hartford released Monday.
The policies cover three primary lines including workers’ compensation, commercial auto and business policies for proper...
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